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Commercial Corner Lot

524 S A Ave, New Underwood, SD 57761

For Sale
$65,000

Access from two streets complements mixed-use design plans for the parcel.

Property SizeContact for details
Days on Market14

Property Features for 524 S A Ave

General Information

Standard status Active
Property subtype Land
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY
Listed By: ANDREA EDDY
Source: Exprealty
Added: Oct 28 Changed: Nov 9 Last Checked: Nov 8 at 10:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

Rey
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Investment Insights

Based on property information with market context.

This commercial land parcel occupies a corner position in New Underwood, with access from two streets. Design plans included with the sale show a proposed mixed-use project combining a laundromat, three apartments, and two office spaces; these are plans, not described existing improvements.

A 2-inch city water line has been upgraded to the lot, and a survey is on file. The property is near Rapid City, and residential developments are underway in the community.

Key Highlights

  • Corner parcel with access from two streets
  • Included plans depict a laundromat, three apartments, and two office spaces
  • Upgraded 2‑inch city water line to the lot

Property Analytics

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Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Hair Salon Nail Salon Pet Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 57761, SD

1,183
Population
466
Households
2.5
Avg Household Size
41
Median Age
28%
College-Educated
96%
High-School Grad
441.1 sq mi
ZIP Area
3
Density / Sq Mi
$101,042
Median Household Income
$47,958
Median Earnings
$871
Median Rent
$263,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Pennington County

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - Access from two streets complements mixed-use design plans for the parcel.
Where is this commercial land located?
The property is located at 524 S A Ave New Underwood, SD.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Corner parcel with access from two streets; Included plans depict a laundromat, three apartments, and two office spaces; Upgraded 2‑inch city water line to the lot
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